Completion of acquisition

29 August 2013

JLIF Limited

Completion of acquisition

JLIF Limited (the "Company" or "JLIF"), the listed infrastructure investment company, is pleased to announce the acquisition of an additional 5% stake in in LUL Connect (CityLink).

Connect is a 20 year concession which runs until November 2019, to upgrade and operate London Underground Limited's radio and telecommunications systems.

The acquisition, sourced from co-shareholders, which completed on 28 August 2013, takes JLIF's total ownership to 33.5%.

For further information, please contact:

JLIF Limited 020 7901 3326

David Marshall

Andrew Charlesworth

RLM Finsbury 020 7251 3801

Faeth Birch

Philip Walters